AGF Management (OTCMKTS:AGFMF) Stock Price Up 0.3% – Here’s Why

AGF Management Limited (OTCMKTS:AGFMF) rose 0.3% during trading on Friday. The company traded as high as $10.55 and last traded at $10.55. Approximately 27,668 shares were traded during mid-day trading, an increase of 29% from the average session volume of 21,374 shares. The stock had previously closed at $10.52.

Wall Street Analysts Forecast Growth

AGFMF has been the subject of a number of analyst reports. Royal Bank Of Canada lowered AGF Management from an “outperform” rating to a “sector perform” rating and set a $23.00 price target for the company. in a research report on Tuesday, September 8th. TD Securities reaffirmed a “buy” rating on shares of AGF Management in a report on Tuesday, September 15th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $23.00.

AGF Management Price Performance

The company’s 50 day simple moving average is $11.54 and its 200 day simple moving average is $13.52.

AGF Management Company Profile

AGF Management Limited is a Canadian investment management company that provides portfolio management and related financial services to individual, institutional and high-net-worth investors. The company operates through its investment management businesses, including AGF Investments, and offers a range of investment solutions designed to meet different risk and return objectives. AGF’s products and services include mutual funds, exchange-traded funds, separately managed accounts, institutional mandates and alternative investment strategies.